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Pioneer Natural Resources Co. is an Irving,
Texas-based, large, indepenent oil and gas company. The company was created in
1997 by the merger of Parker & Parsley Petroleum Company and MESA Inc. In 2004, Pioneer Natural Resources merged with Evergreen Resources, Inc. The
company has approximately 3,400 employees. It is listed on the S&P 500. Pioneer Natural Resources is historically a
Texas-based oil company. Pioneer is one of the most active drillers in Texas’
Spraberry/Wolfcamp oil field in the Permian Basin and the Eagle Ford Shale play
in South Texas. It is also one of the largest natural gas operators in
southeastern Colorado's coal bed methane-rich Raton Basin and in the gas fields
around Hugoton, Kansas and in the western part of the Texas Panhandle.
Its operations include ongoing drilling programs in
Texas’ liquids-rich Barnett Shale and in Alaska’s Oooguruk oil field, where
Pioneer became the first independent operator to produce oil on the North Slope
in 2008.Pioneer Natural Resources' main business is the
exploration and production of oil, natural gas liquids, and gas reserves.
